Concern over fate of trade deal hits stocks
Concern over fate of trade deal hits stocksRecap: Most Southeast Asian and European stock markets closed lower yesterday, as a report on internal opposition in Washington to a tariff rollback on Chinese goods trumped optimism about the possibility of an interim trade deal. Institutional investors were net buyers of 11.6 billion baht and brokerages bought 778.9 million. Retail investors were net sellers of 10 billion baht and foreign investors offloaded 2.4 billion baht in shares. Technical view: Maybank Kim Eng Securities Thailand sees support at 1,620 points and resistance at 1,670. RHB Securities Thailand sees support at 1,580 and resistance 1,670.